Iraqi Dinar Guru opinions 7-15-16
Iraqi Dinar Guru opinions 7-15-16
7-15-2016 Intel Guru Frank26 …it is very important that you understand the United States and Kuwait government devalued the Kuwait currency down to zero, practically nothing…and Saddam Hussein was the reason…so America comes in…and the first thing that we did was Marshall Law…and we took over the banking structure…In other words everything I’m telling you is the equivalent…and it is happening in Iraq…with very slight differences…using the American dollar until they were ready to bring back the Kuwait dinar…back to the international rate…with these loans they will quickly remove anything that is left as a remainder of Article 8…once they do qualify and all of Article 8 is removed…MO…all they need to do is raise the value of their currency…and that is it…that should be the final restriction..
7-15-2016 Newshound Guru Kaperoni Press Release: “Iraq : First and Second Reviews of the Staff-Monitored Program and Request for a Three-year Stand-By Arrangement…” …this report is full of what Iraq needs to do to improve it’s economic and banking performance. There is no discussion about currency reform (and I would not expect it). That being said, it needs to happen and we don’t know when it will. But it is good to see so much of what we said needs to happen in the SBA, ie laws, remove restrictions etc. I also like they are doing everything they can to hold the dinar at the current exchange rate (peg) during this difficult time (even though many called for the CBI to devalue the dinar).
7-15-2016 Newshound Guru Kperoni #16 is the most important.. “16. The authorities will gradually remove remaining exchange restrictions and multiple currency practice…” …if the CBI does this..and I say “If” (because they have not so far), it will create momentum on the economy and more importantly on the dinar to appreciate in value. This is what we want to see…an open banking system with the world, no exchange restrictions, Article VIII, etc. etc. Once that happens, Iraq will become a vary exciting place to invest and the currency will rise in value. We just have to wait for them to get their act together.
7-14-2016 RUMOR Guru Bruce WE WERE CLOSE ON TUESDAY, BUT ARE CLOSER TODAY. REDEMPTION CENTERS ARE STAFFED. POSSIBLE GO TIME TONIGHT. ADMINISTRATIVE HOLDS, UP TO 40 PARTS, NEEDED TO BE RELEASED. ALL WERE RELEASED YESTERDAY, AND NOW WE ARE IN A POSITION FOR NOTIFICATIONS TO COME OUT AT ANY MOMENT. BANKS ARE READY, SECURITY IS INCREASED, RAGE ON THE CITIES PLANNED FOR TOMORROW THE AUTHORITIES KNEW ABOUT BACK IN APRIL, AND WILL PROCEED WITH SAFETY AND CAUTION. TIMING, MAYBE NEW UN OPERATIONAL RATES ARE BEING SETUP FOR TOMORROW. NO GREAT FANFARE, NO GREAT ANNOUNCEMENT, JUST A FLIP OF THE SWITCH.
7-14-2016 Intel Guru Frank26 …on the 22nd of December, 2015…I said they are going to float their currency…they are going to come out with this 1 to 1 and they are going to bring this out into the international world in the first half of 2016 and oil prices are not going to go down they are going to increase…they will peak…and I gave you almost step by step…And the IMF is telling Iraq…we got this plan…this is what you are going to do…and in the process what was it that Dr. Shabibi wanted to give the green light to Abadi in order to raise the value of their currency…stability..
7-14-2016 Intel Guru Frank26 I’m here to tell you that the reforms are in full swing…it is only by capillaries that Article 8 is even still attached to Iraq… Quote: “Parliament Finance Must Investigate Regardless of the Loans to Prevent Corruption” …every penny that is going into Iraq is going into the right places…for the right purposes…this is a plan…this is Time that has been FRAMED. …when we came into Iraq we presented to them what is called the Marshall Law…they are calling it Marshall Iraq…this is the plan…and the Marshall Plan for Iraq…IMO….is coming to an end…this country is about to launch itself into the international stratosphere.
7-14-2016 Intel Guru Frank26 I believe that TIME FRAMED is within this year of 2016…that IMO…has been made by the IMF and the CBI and will be presented to you…but if a final decision on whether or not to raise the value of their currency and a final decision has been made on the rate by the GOICBI…then they need to do the final steps that brings it….and I think that is where we are at…and I think that is what you are going to see…from now until September…And I’m not telling you that September is the RV month…there is a TIME FRAMED…and they have made a decision..
7-14-2016 Newshound Guru Millionday A LOT IS GOING ON IN IRAQ AND WE ARE GOING TO WATCH THE FACTS REPORTED AND NOTHING ELSE… BUT THAT IS OK BECAUSE — WHOOOPOW THE INK IS GOOD… Article quote: “Financial advisor to the Prime Minister, received Iraq for the first meal of the IMF loan, and while noting that the value of more than $ 600 million, noting that the money will go into the gates of the budget announced the appearance of Mohammed Saleh, said Wednesday.” THE IMF LOANS ARE RECEIVED AND TOWARD THE BUDGET OF IRAQ…THE STIPULATION OF THESE LOANS WERE STATED TO BE — REFORMS.
7-14-2016 Newshound Guru rcookie […AUGUST 11TH WILL BE SESSION TO INTERROGATE MOD OBEIDI AS WELL AS TRANSPORT AND FINANCE MINISTERS…] AUG 11TH PARL HAULING IN THOSE 3 MINISTERS FOR QUESTIONING. [MP YOUKHANA DECLARES NAMES OF DEPUTIES WHO HAVE EXCEEDED LIMITS ON ABSENCES AND MOVE FOR DISMISSALAND REPLACEMENT…] THIS IS AWESOME…JABOURI ALSO MADE STATEMENT TODAY ABOUT PURSUING DISMISSAL OF THESE SLACKERS! [PARLIAMENT VOTED TODAY ON JUDICIAL OVERSIGHT LAW…] SO IS ANYONE THINK THEY DIDNT GET ANYTHING DONE IN PARLIAMENT…VOTED 1 LAW AND READ 5 OTHERS…AS WELL AS HOST OF OTHER THINGS.
7-14-2016 Intel Guru SteveI The news just keeps getting better and better every day. I was told they now can close the borders because Iraq has for the most part control of their country back. I am proud of Iraq and all countries that helped do this. All of this news is so positive it is hard not to smile.
7-14-2016 Newshound Guru Millionday FORMAL STATEMENT: “President Fuad Masum, on Wednesday, the 58th anniversary of the founding of the Republic of Iraq and the revolution of July 14 to establish diplomatic and economic relations with all countries of the world on the basis of equality and mutual interests, while stressing the need for refusal axes “policy.” PRESIDENT MASUM HAS CALLED ON WED — INDEPENDENCE DAY TO BE THE ESTABLISHMENT ECONOMICALLY WITH ALL THE COUNTRIES OF THE WORLD. ECONOMIC RELATIONS WITH THE ENTIRE GLOBE IS WHAT THE GLOBAL PRICING INDEX WAS DONE FOR – THE ANNOUNCEMENT OF HOW THE VALUE OF THE DINAR AND US DOLLAR WILL COMPARE IN COUNTRY CAN ONLY COME FROM THE GLOBAL PRICING INDEX CALCULATION – NO OTHER WAY NO MATTER WHAT SOME MAY SAY OR MISTAKENLY GUESS — THE OUTSIDE THE COUNTRY VALUES WILL BE A RESULT FROM THIS CALCULATION — ECONOMICS 101. THIS IS GREAT NEWS AND A HUGE FORMAL STATEMENT FOR IRAQ’S PROGRESS AS AN INDEPENDENT AND OF COURSE TOWARD MARKET ECONOMY FOR THE NEW IRAQ.
7-14-2016 Newshound Guru Stryker [We don’t hear about HCL much anymore is that something that you think is necessary for the RV to happen?] …no the HCL isn’t needed right now because it is covered in each years budget until a final HCL can be adopted, that’s why we don’t hear much about it anymore. Oil revenue disbursement, who pays contractors, power sharing on contracts and so on are all covered in each years budgets and are negotiated starting this time each year for the following years budgets. A permanent HCL will come in time.
7-14-2016 Newshound Guru wmawhite Article quote: “ABDUL MAHDI STATES AT ECONOMIC SEMINAR 400-500 THOSAND PEOPLE BEING PREPARED ANNUALLY FOR LABOR MARKET AND SOLUTIONS TOWARD ACTIVATING THE PRIVATE SECTOR” This is huge…otherwise, what is there for them to prepare the citizens for? The private sector is coming.